French Luxury Goods Mogul Francois Pinault buys Vidal Sassoon’s Bel Air Estate for $16.5 Million
Originally commissioned in the mid-’50s by industrialist Henry Singleton for a site on a spectacular peak atop the prestigious Mulholland Drive, the estate popularly known as Singleton House, which was built by noted architect Richard Neutra back in 1959, has now been purchased by the French luxury good magnate François Pinault who runs PPR, the fashion conglomerate that owns high-end luxury fashion houses including Gucci, Stella McCartney, Alexander McQueen and Yves Saint Laurent. Located up a 300-foot-long gated driveway on a 5-acre hilltop that overlooks Los Angeles and Pacific Ocean, this 6,400-square-foot home in Bel Air was sold by Ronnie Sassoon, the widow of renowned British hairdresser and trendsetter Vidal Sassoon who’s often referred to as the ‘founder of hairdressing’ and is credited with pioneering the wedge bob haircut. Billionaire Pinault who’s renowned for owning one of the biggest contemporary art collections in the world worth whopping $1.4 billion and for being the 100% owner of prestigious auction house Christie’s, bought the home for $16.5 million.
The Sassoons bought the home back in year 2004 for just $6 million, and listed for $17.99 million last year, after the legendary hairstylist Vidal Sassoon who was known to have leukemia was found dead in this home, at the age of 84.
The house with walls of glass boasts four lavish bedrooms and five bathrooms and opens onto expansive courtyards, and features amenities like a pool, spa, a media room and network of gardens which boast of stones arranged by sculptor Isamu Noguchi.
This minimalistic Los Angeles house which was carefully renovated by late Vidal and his wife Ronnie, also boasts a master suite which comes equipped with a lavish sitting room, a Japanese soaking tub and a steam room.